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Elevation Oncology NasdaqGS:ELEV Stock Report

Last Price

US$3.65

Market Cap

US$177.3m

7D

-9.1%

1Y

22.7%

Updated

25 Apr, 2024

Data

Company Financials +

Elevation Oncology, Inc.

NasdaqGS:ELEV Stock Report

Market Cap: US$177.3m

ELEV Stock Overview

Elevation Oncology, Inc., an oncology company, focuses on the discovery and development of cancer therapies to treat patients across a range of solid tumors with significant unmet medical needs.

ELEV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Elevation Oncology, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Elevation Oncology
Historical stock prices
Current Share PriceUS$3.65
52 Week HighUS$5.89
52 Week LowUS$0.36
Beta1.36
1 Month Change-27.10%
3 Month Change32.07%
1 Year Change22.73%
3 Year Changen/a
5 Year Changen/a
Change since IPO-68.14%

Recent News & Updates

Elevation Oncology: Rising On News, But Not The Time To Buy

Jan 17

Recent updates

Elevation Oncology: Rising On News, But Not The Time To Buy

Jan 17

Elevation Oncology GAAP EPS of -$0.86 misses by $0.07

Aug 04

Elevation Oncology secured $50M loan facility with K2 HealthVentures

Jul 28

We're Hopeful That Elevation Oncology (NASDAQ:ELEV) Will Use Its Cash Wisely

May 10
We're Hopeful That Elevation Oncology (NASDAQ:ELEV) Will Use Its Cash Wisely

We're Not Very Worried About Elevation Oncology's (NASDAQ:ELEV) Cash Burn Rate

Jan 25
We're Not Very Worried About Elevation Oncology's (NASDAQ:ELEV) Cash Burn Rate

Companies Like Elevation Oncology (NASDAQ:ELEV) Are In A Position To Invest In Growth

Sep 25
Companies Like Elevation Oncology (NASDAQ:ELEV) Are In A Position To Invest In Growth

Shareholder Returns

ELEVUS BiotechsUS Market
7D-9.1%0.4%1.0%
1Y22.7%0.9%21.9%

Return vs Industry: ELEV exceeded the US Biotechs industry which returned 0.7% over the past year.

Return vs Market: ELEV underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is ELEV's price volatile compared to industry and market?
ELEV volatility
ELEV Average Weekly Movement14.9%
Biotechs Industry Average Movement11.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: ELEV's share price has been volatile over the past 3 months.

Volatility Over Time: ELEV's weekly volatility has decreased from 25% to 15% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201929Joe Ferraelevationoncology.com

Elevation Oncology, Inc., an oncology company, focuses on the discovery and development of cancer therapies to treat patients across a range of solid tumors with significant unmet medical needs. The company’s lead candidate is EO-3021, an antibody-drug conjugate designed to target Claudin 18.2, a clinically validated molecular target. Its EO-3021 selectively delivers a cytotoxic payload directly to cancer cells expressing Claudin 18.2.

Elevation Oncology, Inc. Fundamentals Summary

How do Elevation Oncology's earnings and revenue compare to its market cap?
ELEV fundamental statistics
Market capUS$177.33m
Earnings (TTM)-US$45.70m
Revenue (TTM)n/a

0.0x

P/S Ratio

-3.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELEV income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$45.70m
Earnings-US$45.70m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.94
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio55.0%

How did ELEV perform over the long term?

See historical performance and comparison
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